HDFC Nifty India Consumption Index Fund vs UTI - India Consumer Fund
Direct Plan, Growth option · Data as on 30-10-2026
HDFC Nifty India Consumption Index Fund is an Index fund and UTI - India Consumer Fund is a Thematic fund. HDFC Nifty India Consumption Index Fund charges 0.44% a year and UTI - India Consumer Fund 1.72% (Direct plans). Their portfolios overlap 59.6%: they hold 18 of the same securities.
HDFC Nifty India Consumption Index Fund
Index
- Expense ratio
- 0.44%
- NAV
- ₹9.34
Which is better, HDFC Nifty India Consumption Index or UTI - India Consumer? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- HDFC Nifty India Consumption Index costs less: 0.44% a year against 1.72% (Direct plans).
- HDFC Nifty India Consumption Index fell less in its worst fall since 18-02-2026: −13.3% against −13.7%.
- HDFC Nifty India Consumption Index holds more in large companies: 88.0% of the fund in large caps against 70.4%.
- UTI - India Consumer is the larger fund: ₹678 Cr against ₹105 Cr.
- Their portfolios overlap 59.6%: 18 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | HDFC Nifty India Consumption Index Fund | UTI - India Consumer Fund |
|---|---|---|
| Fund house | HDFC Mutual Fund | UTI Mutual Fund |
| Category | Index | Thematic |
| AUM | ₹105 Cr (30-09-2026) | ₹678 Cr (30-09-2026) |
| NAV | ₹9.34 (Direct) | ₹59.07 (Direct) |
| Expense ratio (Direct) | 0.44% | 1.72% |
| Expense ratio (Regular) | 0.88% | 2.43% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty India Consumption TRI | Nifty India Consumption TRI |
| Launch date | 18-02-2026 | 30-07-2007 |
| Minimum investment | ₹100 | Regular Plan-Growth- Rs.5000, Regular Plan-Reinvestment of IDCW- Rs.5000, Regular Plan-Payout of IDCW- Rs.5000, Direct Plan-Growth- Rs.5000, Direct Plan-Reinvestment of IDCW- Rs.5000, Direct Plan-Payout of IDCW- Rs.5000, |
| Lock in | None | None |
| Fund managers | Nandita Menezes, Arun Agarwal | Vicky Punjabi |
| Exit load | NIL | 1.00% if redeemed before 30 days from the date of allotment. Nil if redeemed on or after 30 days from the date of allotment |
HDFC Nifty India Consumption Index vs UTI - India Consumer: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| HDFC Nifty India Consumption Index Fund (Direct) | +0.10% | −8.12% | −2.37% | -- | -- | -- | -- |
| UTI - India Consumer Fund (Direct) | −0.54% | −7.93% | −1.32% | −9.71% | +9.17% | +7.42% | +10.59% |
| Thematic average | −2.09% | −4.52% | +0.86% | −1.22% | +13.76% | +11.62% | +13.76% |
Category average: the average of the 235 Thematic funds, same plan type.
HDFC Nifty India Consumption Index vs UTI - India Consumer: Year-wise Returns
| Year | HDFC Nifty India Consumption IndexHDFC Nifty India Consumption Index | UTI - India ConsumerUTI - India Consumer | Nifty India Consumption TRI |
|---|---|---|---|
| 2026to date | -- | −8.54% | −9.10% |
| 2025 | -- | +4.78% | +9.22% |
| 2024 | -- | +21.38% | +19.77% |
| 2023 | -- | +24.06% | +27.96% |
| 2022 | -- | −1.67% | +8.53% |
| 2021 | -- | +27.08% | +20.82% |
HDFC Nifty India Consumption Index vs UTI - India Consumer: Rolling Returns
Every holding period of both funds, against Nifty India Consumption TRI, the benchmark of both
HDFC Nifty India Consumption Index vs UTI - India Consumer: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | HDFC Nifty India Consumption Index Fund (Direct) | UTI - India Consumer Fund (Direct) |
|---|---|---|
| Return (CAGR) | −9.25% | +10.86% |
| Standard deviation | 16.56% | 14.53% |
| Sharpe ratio | -0.88 | 0.33 |
| Sortino ratio | -1.15 | 0.45 |
| Maximum drawdown | −13.3% (31-03-2026) | −29.7% (23-03-2020) |
| Beta | 1.00 | 0.89 |
| Alpha | −0.31% | −1.41% |
From daily NAVs, 18-02-2026 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
HDFC Nifty India Consumption Index Fund (Direct)
UTI - India Consumer Fund (Direct)
Nifty India Consumption TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| HDFC Nifty India Consumption Index Fund (Direct) | −13.3% | 18-02-2026 | 31-03-2026 | 27-07-2026 | 4 months | −9.5% |
| UTI - India Consumer Fund (Direct) | −13.7% | 18-02-2026 | 23-03-2026 | 06-07-2026 | 3 months | −10.1% |
| Nifty India Consumption TRI | −13.2% | 18-02-2026 | 30-03-2026 | 27-07-2026 | 4 months | −9.5% |
From daily values since 18-02-2026, the first day every fund has.
HDFC Nifty India Consumption Index vs UTI - India Consumer: Portfolio Overlap
From each fund's latest monthly portfolio: HDFC Nifty India Consumption Index Fund, September 2026; UTI - India Consumer Fund, September 2026
Holdings in common
- Overlap
- 59.6%
- Held by both
- 18
- Only in HDFC Nifty India Consumption Index
- 11
- Only in UTI - India Consumer
- 25
| Security | % of HDFC Nifty India Consumption Index | % of UTI - India Consumer |
|---|---|---|
| Mahindra & Mahindra Ltd. | 8.18% | 9.22% |
| Eternal Limited | 7.20% | 9.40% |
| Titan Company Ltd. | 5.89% | 7.43% |
| Bharti Airtel Ltd. | 10.12% | 5.60% |
| Maruti Suzuki India Limited | 4.83% | 5.23% |
| Eicher Motors Ltd. | 3.06% | 4.66% |
| TVS Motor Company Ltd. | 3.02% | 3.66% |
| Nestle India Ltd. | 2.92% | 3.10% |
| ITC LIMITED | 7.86% | 2.84% |
| Trent Ltd. | 2.71% | 4.03% |
| Hindustan Unilever Ltd. | 5.18% | 2.13% |
| Hero MotoCorp Ltd. | 2.12% | 2.35% |
| Tata Consumer Products Limited | 1.92% | 2.86% |
| Varun Beverages Ltd | 1.83% | 1.69% |
| Dixon Technologies (India) Ltd. | 1.71% | 1.67% |
| INFO EDGE (INDIA) LIMITED | 1.47% | 1.82% |
| Avenue Supermarts Ltd. | 1.92% | 1.23% |
| United Spirits Limited | 1.25% | 1.14% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 59.6% means 59.6% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in HDFC Nifty India Consumption Index Fund
| Security | % of fund |
|---|---|
| Bajaj Auto Limited | 3.68% |
| InterGlobe Aviation Ltd. | 3.50% |
| Asian Paints Limited | 3.37% |
| Apollo Hospitals Enterprise Ltd. | 2.61% |
| Torrent Pharmaceuticals Ltd. | 2.16% |
Largest holdings only in UTI - India Consumer Fund
| Security | % of fund |
|---|---|
| EQ - PHOENIX MILLS LTD | 2.16% |
| EQ - POLYCAB INDIA LTD | 2.00% |
| EQ - BAJAJ FINANCE LTD. | 1.87% |
| EQ- GLOBAL HEALTH LTD. | 1.81% |
| EQ - JUBILANT FOODWORKS LTD. | 1.72% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | HDFC Nifty India Consumption Index | UTI - India Consumer |
|---|---|---|
| Equity | 98.7% | 98.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | 1.3% | 2.0% |
Market cap of stocks
| Market cap | HDFC Nifty India Consumption Index | UTI - India Consumer |
|---|---|---|
| Large Cap | 88.0% | 70.4% |
| Mid Cap | 10.7% | 17.0% |
| Small Cap | 0.0% | 10.0% |
| Not on AMFI's list | 0.0% | 0.6% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | HDFC Nifty India Consumption Index | UTI - India Consumer |
|---|---|---|
| Automobiles | 24.9% | 25.1% |
| Retailing | 13.3% | 19.4% |
| Consumer Durables | 11.0% | 13.6% |
| Diversified FMCG | 13.0% | 5.0% |
| Telecom - Services | 10.1% | 5.6% |
| Healthcare Services | 4.8% | 2.5% |
| Food Products | 4.7% | 3.9% |
The six largest sectors of each fund's stocks, % of the fund.
HDFC Nifty India Consumption Index vs UTI - India Consumer: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | HDFC Nifty India Consumption Index Fund | UTI - India Consumer Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.44% | 1.72% |
| Base expense ratio (Direct) | 0.30% | 1.40% |
| Total expense ratio (Regular) | 0.88% | 2.43% |
| Base expense ratio (Regular) | 0.69% | 2.05% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
HDFC Nifty India Consumption Index Fund vs UTI - India Consumer Fund: Frequently Asked Questions
What is the difference between HDFC Nifty India Consumption Index Fund and UTI - India Consumer Fund?
HDFC Nifty India Consumption Index Fund is an Index fund, UTI - India Consumer Fund is a Thematic fund, run by HDFC Mutual Fund and UTI Mutual Fund. Their portfolios overlap 59.6%. HDFC Nifty India Consumption Index Fund charges 0.44% a year and UTI - India Consumer Fund 1.72%.
Which has the lower expense ratio, HDFC Nifty India Consumption Index Fund or UTI - India Consumer Fund?
HDFC Nifty India Consumption Index Fund charges less: 0.44% a year against 1.72%. These are the Direct plans' total expense ratios reported to AMFI.
How much do HDFC Nifty India Consumption Index Fund and UTI - India Consumer Fund overlap?
59.6%. They hold 18 of the same securities, the largest shared ones being M&M, ETERNAL, TITAN. From each fund's latest monthly portfolio.
Which is riskier, HDFC Nifty India Consumption Index Fund or UTI - India Consumer Fund?
On SEBI's riskometer, HDFC Nifty India Consumption Index Fund is rated Very High and UTI - India Consumer Fund Very High. Over their common history, the standard deviation of daily returns was 16.56% and 14.53% a year.
Can I invest in both HDFC Nifty India Consumption Index Fund and UTI - India Consumer Fund?
Yes. 59.6% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages HDFC Nifty India Consumption Index Fund and UTI - India Consumer Fund?
HDFC Nifty India Consumption Index Fund: Nandita Menezes, Arun Agarwal. UTI - India Consumer Fund: Vicky Punjabi.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.